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A Model of Declining Standards

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  • Sobel, Joel

Abstract

This paper presents a model in which relative standing determines standards. There are three kinds of agents in the model: candidates who wish to pass a test, members of the elite who have passed the test, and the judge who decides who passes. In order to pass, a candidate's performance must be at least as god as the performance of a representative member of the elite. Without perturbations in the underlying data, the model predicts that standards will not change. Perturbations in the preferences used to judge candidates lead to a reduction in standards. Copyright 2000 by Economics Department of the University of Pennsylvania and the Osaka University Institute of Social and Economic Research Association.

Suggested Citation

  • Sobel, Joel, 2000. "A Model of Declining Standards," International Economic Review, Department of Economics, University of Pennsylvania and Osaka University Institute of Social and Economic Research Association, vol. 41(2), pages 295-303, May.
    • Handle: RePEc:ier:iecrev:v:41:y:2000:i:2:p:295-303
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    Cited by:

    1. Glenn Ellison, 2002. "Evolving Standards for Academic Publishing: A q-r Theory," Journal of Political Economy, University of Chicago Press, vol. 110(5), pages 994-1034, October.
    2. Gustavo Bergantiños & Jordi Massó & Alejandro Neme, 2018. "On societies choosing social outcomes, and their memberships: internal stability and consistency," Theory and Decision, Springer, vol. 84(1), pages 83-97, January.
    3. Barbera, S. & Maschler, M. & Shalev, J., 2001. "Voting for Voters: A Model of Electoral Evolution," Games and Economic Behavior, Elsevier, vol. 37(1), pages 40-78, October.
    4. Mialon, Hugo M. & Mialon, Sue H. & Stinchcombe, Maxwell B., 2012. "Torture in counterterrorism: Agency incentives and slippery slopes," Journal of Public Economics, Elsevier, vol. 96(1), pages 33-41.
    5. Michihiro Kandori, 2003. "The Erosion and Sustainability of Norms and Morale," The Japanese Economic Review, Japanese Economic Association, vol. 54(1), pages 29-48, March.

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